Bitcoin bears base $40K prediction on 'self induced fear' — Samson Mow

Bitcoin (BTC) showed little signs of improvement on Jan. 27, but one major fund believes that it will benefit from new trends among investors. At the same time, all eyes have been on GameStop (GME) price volatility this week.By comparison, GME has dwarfed BTC in gains so far this year, up over 3,000% percent with…

In a recent interview with Bloomberg, Mike Belshe, CEO of crypto exchange BitGo, stated that the market structure needs to improve before the U.S. SEC will grant approval for Bitcoin ETFs. 572 Total views 1 Total shares Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome

In 2021, the market cap of cryptocurrencies skyrocketed 286% year over year, uplifting a $2.17 trillion industry into the stratosphere. But, with this vast creation of wealth comes the explosion of peculiar tales throughout the sector. From the suspicious death of multiple crypto-evangelists and crypto scams involving hacked Twitter accounts of heads of states to…

The D.C.-based advocacy group just raised millions for its ongoing research and lobbying efforts. Here’s how the numbers broke down. 2025 Total views 12 Total shares 2021 is shaping up to be a generous year for cryptocurrency donations. On Wednesday, Coin Center, the leading cryptocurrency nonprofit in Washington, D.C., announced that it had raised millions…

The Bitcoin Taproot upgrade unlocked the potential to create DApps on the Bitcoin blockchain, improving the blockchain’s long-term viability by accelerating the DeFi movement on the Bitcoin network. Decentralized finance (DeFi) has experienced tremendous success since 2020, with nearly all of that growth being fueled by Ethereum. Ethereum paved the way for novel financial services…

In Europe, “Bitcoin only” is a growing trend, as more and more consumers and companies are hardening their resolve that Bitcoin (BTC) is the only digital asset worth holding. Bitcoin-only exchanges and brokers are places to stack sats, not “gamble” on Ether (ETH), or trade “garbage” that looks like “venture investments.” That’s according to the CEOs of major…

Fintech startup SoFi — known for its online lending services — is partnering with major United States-based crypto exchange Coinbase to roll out crypto trading support, according to a CNBC report Feb. 26.Sofi, which is headquartered in San Francisco, will reportedly launch its crypto services by the second quarter of 2019. Sofi CEO Anthony Noto…

If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.